About Tascent
Tascent is a company based in Los Gatos (United States) founded in 2015.. Tascent has raised $37.75 million across 2 funding rounds from investors including NEC, Min Aik Technology and Enemtech Capital. The company has 14 employees as of December 31, 2022. Tascent operates in a competitive market with competitors including Alcatraz AI, Vision-Box, ZKTeco, FST Biometrics and Spectra Technovision, among others.
- Headquarter Los Gatos, United States
- Employees 14 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tascent, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.75 M (USD)
in 2 rounds
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Latest Funding Round
$19.5 M (USD), Series B
Aug 26, 2018
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Investors
NEC
& 4 more
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Employee Count
14
as on Dec 31, 2022
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Funding Insights of Tascent
Tascent has successfully raised a total of $37.75M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $19.5 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $19.5M
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First Round
First Round
(27 Jun 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series B - Tascent | Valuation | NEC , Tano Capital | |
| Jun, 2016 | Amount | Series A - Tascent | Valuation | Tano Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tascent
Tascent has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include NEC, Min Aik Technology and Enemtech Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on growth equities
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Cloud-based IT and networking solutions are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tascent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tascent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tascent Comparisons
Competitors of Tascent
Tascent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alcatraz AI, Vision-Box, ZKTeco, FST Biometrics and Spectra Technovision, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered biometric systems for access control are utilized.
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| domain | founded_year | HQ Location |
Automated border control and digital identity solutions are provided.
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| domain | founded_year | HQ Location |
Biometric readers for access control and RFID readers for time & security management
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| domain | founded_year | HQ Location |
Provides tutorials for app downloads and installations on mobile devices.
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| domain | founded_year | HQ Location |
Offers biometric devices and systems for attendance and access control in businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tascent
Frequently Asked Questions about Tascent
When was Tascent founded?
Tascent was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tascent located?
Tascent is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.
Is Tascent a funded company?
Tascent is a funded company, having raised a total of $37.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18.25M, raised on Jun 27, 2016.
How many employees does Tascent have?
As of Dec 31, 2022, the latest employee count at Tascent is 14.
What does Tascent do?
Tascent provides multimodal biometrics-based identity and access management solutions for enterprises. Products include InsightDuo which is iris and face biometrics based secure identity device and Tascent Mobile product family which deliver biometric identity solution on smartphones employing open architecture combining iris, face, fingerprint and voice biometrics scanning. The company has developed expertise in both fixed and mobile iris recognition. It filed 10 patents over it and acquired Identity solutions BU of AOptix to gain access to the IP and biometric technologies for delivering multimodal mobile biometrics-based solutions. Current customers include Dubai International Airport and London Gatwick Airport.
Who are the top competitors of Tascent?
Tascent's top competitors include Alcatraz AI, ZKTeco and Vision-Box.
Who are Tascent's investors?
Tascent has 5 investors. Key investors include NEC, Min Aik Technology, Enemtech Capital, Tano Capital, and Tano Ventures.
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